Proposition 39 requires financial and compliance audits for each measure passed under the proposition until the expenditures are fully completed. Originally, one financial and compliance audit incorporating all Proposition 39 measures issued was permitted. However, in recent years, bond counsel has opined that separate audits on each measure are advised. CWAC currently handles the District's external audit and received the contract for the 2010 Measure C audit.

Funding:

2002 Measure C

Fiscal Impact
:

$7,500 annually

Recommendation:

Approve the contract with Christy White Accountancy Corporation for financial and compliance audit services for the 2002 Measure C bond.

Approvals:

Recommended By:

Signed By:

Bryan Richards - Chief Financial Officer

Signed By:

Greg Rolen, Esq. - General Counsel

Signed By:

Steven Lawrence - Superintendent

Vote Results:

Original Motion

Member (Linda Mayo) Moved, Member (Sherry Whitmarsh) seconded to approve the Original motion 'Approve Consent Agenda.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 4 Nay: 0.